Does it matter who rules: Republicans or Democrats?

“All that harms labor is treason to America. No line can be drawn between these two. If any man tells you he loves America, yet he hates labor, he is a liar. If a man tells you he trusts America, yet fears labor, he is a fool.”

– Abraham Lincoln

Does it really matter whether Republicans or Democrats are in charge after the November elections?

Taking a nearsighted view of the political landscape, some have concluded there is little or no difference between Republicans and Democrats.

After all, even in states like California where Democrats now control state government, the dilemma is not whether to cut social services and jobs, but how much.

But a broader view helps us see that it does make a difference.

A Republican takeover of both houses of Congress and the White House in November would mean the dramas in Wisconsin, Ohio and Michigan would play out with a vengeance at the national level.

Since their 2010 electoral victory, the Republican-majority legislatures and governors of those three states have been cutting deep into public services and jobs.

Yes, there is still a need to struggle in states like California where Democrats control state government. But cuts to the public sector workforce and services there pale in comparison with those of Republican-controlled state governments. (And California’s situation is complicated because Democrats lack the two-thirds legislative majority required to overcome the Republican pledge to block new revenues.)

Anyone who says there’s no difference between a pay cut on the job and a permanent job loss has never been unemployed or lived on the margins.

There is another critical reason why it matters who wins in November.

In Wisconsin, Ohio and Michigan, the Republican-controlled governments are challenging the very right and ability of working people to fight.

When Republicans move to take away the hard-earned right of public employees to collective bargaining, and decimate union density through massive layoffs, it is that much harder for workers and their unions to fight for their rights and those of the poor.

Former Clinton administration Labor Secretary Robert Reich bluntly describes private equity firms as “using other people’s money to make big bets which, if they go wrong, can wreak havoc on the economy.”

It is precisely this and other “financial innovations” that largely contributed to the 2008 Great Recession when the financial bubble that had come to dominate the U.S. economy burst.

President Obama’s re-election campaign is now highlighting one of Romney’s “bets” that went bad.

Under Romney’s leadership, Bain Capital bought steelmaker GS Industries in 1993 and loaded it with debt while paying millions to Bain investors.

Perhaps we should ask Romney when was the last time “union bosses” closed down plants and fired workers en masse, foreclosed on their homes and threw them and their families out on the street, in pursuit of maximum private profit?

Meanwhile, AFL-CIO President Richard Trumka set the record straight when he told In These Times in March, “Sometimes we have disagreed with the president on strategy, but I know one thing, he’s a friend of the 99 percent.”